Bitcoin important levels marked in the chart.
I'm bullish on bitcoin and expecting a big move up as the price is between the Diagnol resistance and support .
There is extreme fear in the market,which makes me even more bullish.
We should head towards 9200$ levels forming another lower high ,10,500$ being the most recent lower high.
I reckon our bottom is in as...
Bitcoin pumped Yesterday,22nd December 2019(Sunday) And Cme Futures opened with a big Gap on monday And as always cme gap is going to fill ,So for now i am bearish and holding short trade also Price is about to form and miss double top or potentially double top my take profit is around the cme gap
Also Share your views
A 6% correction is what I am expecting out from here.. before we see major fall back...
keep the liquidation points in mind for 100x , 50x, 25,
a 3x to 5.5x is the safest trade...11080$ is what market should touch.
(I am not your financial advisor... so do your reseach before you put down your investment the market)
the market states a clear upward moment... we will see some correction in the next 4 hr chart as we can in the 4 hr stoch rsi is over bought already and so is the 1 day.
keep an eye on the correction if one wants to long from here...
next big thing if we break 12388@ mark high chances we should touch 14000$ within this week.
(The chart is based on xbt)..
last time we saw a dip of 30% and then a rise of approx 36%, after which we saw a dip of 30% back again, now keeping history in mind (if repeated) we should see a rise of 36% back again making the price touch 12300$ approx within some time.
if the current resistance is broken we can see the market anywhere around 12400$ mark easily given it a push of approx 36% just like last time.... the market should break the resistance aytime within this week.